Paysafecard is a prepayment method, widely used in the online gambling sector. Unlike paying with an e-wallet, you have to physically purchase a Paysafecard voucher in the amount you’re looking to deposit, from the various denominations available. Purchases can be made at one of countless thousands retail locations, including corner shops, supermarkets connected to the PayPoint network, and even high street shops like WH Smith.
Once you’ve purchased the required quantity of Paysafecards (from a minimum £10), you use the unique 16-digit PIN number to unlock your credit. Any casino that accepts Paysafecard will make it easy to simply type in the code to redeem your voucher, and voila – funds are credited to your account and you’re ready to roll.
Paysafecard has a number of distinctive advantages, not least the fact that you can deposit from cash, without running the transaction through your bank account. It’s also possible to buy Paysafecard vouchers by credit or debit card in-store, but again, the transaction won’t show as a gambling deposit on your bank statement.
How It Works
Getting your hands on a Paysafecard couldn’t be simpler. If you’re near a corner shop, it’s worth asking if you can buy from there directly – in most cases, this will be possible, thanks to the PayPoint infrastructure. Typically used for paying bills, topping up prepaid electric and gas meters and similar everyday transactions, PayPoint terminals tend to be found widely in corner shops and supermarkets – just ask at the till, and you’ll find it a breeze.
If you’re stuck, there’s a location finder on the Paysafecard website where you can type in your postcode and find the nearest outlet to you.
Then it’s simply a case of completing the transaction in the amount and denominations of your choosing, to acquire the cards. It’s worth noting here that, like the old-style mobile phone top-ups, your PIN number is to be guarded preciously. This is the key to your funds, so don’t share or disclose the number anywhere before you’ve used it to deposit to your account.
Because Paysafecard isn’t an e-wallet or like a bank transaction, it’s a little less straightforward to check the balance. Again, there’s a balance checker on the Paysafecard website where you can insert the 16 digit PIN to find out how much is left on your card. However, it’s usually easier just to deposit the full amount from a given voucher in a single transaction, which will make it easier to establish how much credit you’ve got left.
Any deposits should show within your chosen casino account instantly, and once you’ve used the credit, the PIN will no longer be able to be redeemed.
Redeeming your Paysafecard is easy – it’s all in the 16 digit PIN number. Like a mobile top-up voucher, you need the code from the Paysafecard to unlock your credit. Simply head over to the deposit menu within your casino account and select the Paysafecard option.
From here, you need to insert the 16 digit code, and confirm. Be sure to double check the number as you’re entering it – a typo can easily leave you scratching your head, wondering why your payment hasn’t been accepted.
It’s possible to use up to 10 Paysafecard PINs in a single transaction for larger deposits. With a Paysafecard account, or through the mobile app, you can also store a number of unique PINs, so you don’t have to worry about losing your codes.
There are a couple of limitations here, but the main point is that you need the PIN to access your money. If you lose your PIN, there’s a £6 fee that may be charged in order to regenerate the details. Similarly, if you let credit sit on a Paysafecard for over 12 months, you’ll start to be charged a £2/month fee, or £3/month if you don’t have a Paysafecard account.
The maximum amount you can deposit in a transaction is £250, assuming you have a My Paysafecard account – otherwise you’re limited to £200. If you go a stage further and verify your account, this limit increases to £1800 per transaction.
Paysafecard & Online Casinos
- Head to your local post office, corner shop or supermarket (or check out the location finder on the Paysafecard website).
- Tell the cashier you want to buy a Paysafecard, they’ll know what to do.
- Buy the amount and the denominations you need for your casino deposit.
- Login to your online casino account. Alternatively, create a new account with one of our recommended Paysafecard casinos.
- Open the banking menu, and find your way to the option to deposit. Choose Paysafecard when prompted.
- Insert the 16 digit PIN from your Paysafecard into the box provided, and confirm the transaction.
- You should see an on-screen confirmation, and the funds should appear in your gaming account. In the event of any issues, double-check the PIN number for errors, or contact casino support if your credit isn’t showing within a few minutes of your deposit.
One of the best elements of paying with Paysafecard is there are usually no fees. At the transaction stage, you buy credit for money’s worth, with no deductions or fees. On the casino side, it is very unlikely that you’ll find a casino that charges for a Paysafecard deposit, so this is usually a fee-free experience – another advantage over several other different payment options.
Of course, there are additional fees for lost or lapsed cards as we’ve described above, but for most users these never come into play.
It’s important to note that it’s impossible to withdraw to a Paysafecard. If you deposit by Paysafecard, you’ll need another methodregistered with the casino in order to accept a withdrawal. In some cases, a withdrawal may be available in the form of a new Paysafecard PIN, although in most cases an alternative withdrawal method is required.
This is something you have to check with each casino directly, and there’s even a question mark over whether you’d want to withdraw directly to a Paysafecard in the first place. Unless you intend to reuse your balance, you’re often better opting for something more direct, withdrawing to an alternative account or e-wallet, rather than rolling over into more Paysafecard credit.
Paysafecard Vs. Other Payment Methods
Advantages & Disadvantages
Extremely secure: 16 digit PIN protects your funds
100% private: buy in cash for maximum discretion
No fees: no cost to buy or use Paysafecard vouchers
Widely accepted: supported by casinos and beyond for online transactions
App: store your PINs in a secure mobile app for safe, easy use
Convenience: you have to buy Paysafecard at a shop, every time you want to deposit
Withdrawals: you’ll usually need a second payment method for withdrawals
Transaction limits: £250 maximum for account holders by default
£10, £25, £50, £75 and £100. At PayPoint outlets, it’s also possible to buy £125, £150 and £175 denominations.
Is Paysafecard widely accepted at online casinos?
Yes – it’s a reputable payment provider, supported by the majority of UK-focused online casinos.
Are Paysafecard deposits instant?
Yes – in the vast majority of cases, your deposit will show in your casino account instantly.
Can I reuse my Paysafecard PIN?
No. Your PIN is unique to the denomination purchased. In the rare case a casino or slots site allows withdrawals by Paysafecard, this will be sent by generating new, unique PINs in the amount of your withdrawal.
How will the transaction appear on my bank statement?
This will simply show that you’ve purchased a Paysafecard, with no indication of the end destination for your funds.
Paysafecard is simple to use, 100% secure, and available at shops nationwide. It works a little differently from most e-wallets, but it’s a good option to have on hand, especially for players who value their privacy, or who want to deposit directly in cash, rather than from their bank account.
There are some drawbacks, not least the fact you have to actually visit a shop to buy vouchers. Then there’s also the fact that if you lose your PIN, you might find it difficult to get access to your funds. But if you use Paysafecard sensibly, it can be a great payment method to have at your disposal for depositing funds to your casino account.